Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Failure to Prove Assessee's Share Ownership: ITAT deletes ₹2.53 Lakh Income Tax Addition u/s 68 in Client Code Modification Case
ITAT deleted a ₹2.53 crore addition under Section 68 after finding no evidence that the assessee owned shares involved in client code modification. The tribunal emphasized the need for solid proof when attributing unexplained credits to taxpayers.